Europe To Get New Offshore Aircraft Registry

 - April 9, 2007, 1:19 PM

The Isle of Man, a UK Crown Dependency in the Irish Sea, hopes to have its own private aircraft register established by the end of next year. The new register, which will be operated in parallel with the UK’s “G” register, is being marketed to aircraft owners seeking to benefit from the island’s fiscal and legal jurisdiction. Changes in UK legislation will be required to create the register, which would, for all intents and purposes, be a second UK register. The Isle of Man register would be administered by the island’s new civil aviation authority, which will also be responsible for auditing aircraft. The Isle of Man government has insisted that its proposed register will adhere to full European Aviation Safety Agency technical and operational requirements. Initially, the register will be open only to aircraft operated under private rules, but eventually it might also be offered to commercial operators. A government spokesman explained that the register is intended for aircraft owners wanting to “benefit from the favorable business and financial conditions offered by the island, rather than those looking to cut corners on the condition of their aircraft or the terms under which they are operated.”